Seniors housing developers compete for Global Award

NEW YORK: The four hundred and eighty-fourth entry for the seniors housing Global Awards for 2015 has been received.

Developers of the former Terry’s Care Home site have secured a further $3.5 million to work on the site, to fund a new retirement community.

Springfield Healthcare Group hope to create a new retirement community at the historic site due to open in January 2017, which is set to cost $11 million and will see the factory’s structure restored and 82 new care suites and eight luxury apartments at the site. The plan has been submitted for an award.

Global Over 50s Housing/Healthcare Awards.

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